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LOGISTIC HUB
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Economy
Friday 15 January, 2021
Energy
Off-grid power developer Daystar Power to enter the Togolese market
Nigerian power developer, Daystar Power, plans to start operating in the Togolese, Senegalese, and Ivorian markets. This is after raising $38…
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Thursday 14 January, 2021
Telecom
Mobile Money: The value of Flooz transfers was thrice the size of T-Money's between 2015 and 2019
Between 2015 and 2019, nearly CFA2,200 billion were transferred via Flooz and T-Money. The figure was reported by Togo’s minister…
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Thursday 14 January, 2021
Telecom
T-Money records exceptional performance in 2020, despite issues relating to service quality
Though it is dealing with multiple issues related to the quality of its services, Togocom’s T-Money mobile money platform recorded…
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Wednesday 13 January, 2021
Banking
Microfinance: WAEMU releases situational analysis for H1 2020
In Togo, outstanding loans granted by microfinance institutions in H1 2020 grew by 5.3%. This was revealed in the BCEAO’s latest…
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Tuesday 12 January, 2021
Finance
Togo’ Inclusive finance fund granted almost CFA100bn in loans in 2020
As of Dec. 31, 2020, the sum of loans granted by the National Fund for Inclusive Finance (FNFI) had exceeded…
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Tuesday 12 January, 2021
Agriculture
The Pineapple sector is buoyant
Between 2017 and 2019, Togo’s pineapple output grew by 11.6%, from 27,000 tons to 30,149 tons. The sector, which employs…
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Monday 11 January, 2021
Finance
WAEMU securities: Togo raised CFA27.5 billion for its first issue of the year
For its first issue in 2021, Togo raised CFA27.5 billion (thus 2.5 billion more than the country was seeking) on…
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Thursday 7 January, 2021
Finance
Loan repayment extension amid Covid-19 exceed CFA18 billion
In Togo, the extension of credit granted to companies and individuals since April 1, 2020, due to the health crisis…
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Thursday 31 December, 2020
Transport
Togo: Gozem now delivers packages
Transport startup Gozem recently launched a package delivery and order management service called Gozem Shopping. In a recent statement, the…
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Wednesday 30 December, 2020
Banking
Minister of finance urges banks to reduce their interest rates
Interest rates of banks operating in Togo are extremely high, in contrast with easing measures introduced this year to support…
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Saturday 26 December, 2020
Agriculture
Togo adopts new plan to fight avian flu
Togo recently adopted a new strategy to fight avian flu. Co-validated by the Food and Agriculture Organization (FAO), the new…
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Tuesday 22 December, 2020
Transport
Olam and AFC look to build Lomé-Cinkasse highway
Through its subsidiary Arise, the Singaporean Olam expressed its intention to build the Lomé-Cinkassé highway in partnership with the Africa…
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